Part 1: How Trump is shaping the financial industry in crypto’s favour

Listen to this episode from 7am on Spotify. US President Donald Trump was once skeptical of digital assets, saying Bitcoin “seems like a scam” and that crypto’s value was “based on thin air.” Now, cryptocurrency is at the centre of both his economic agenda, and his personal wealth.  Since returning to office in January, Trump has put out executive orders supporting the industry, expanding the government’s use of digital assets, and paving the way for retirement funds to invest in cryptocurrencies – all while his administration dismantles the regulations that keep the industry in check. Today, tech and power reporter for The Guardian Nick Robins-Early, on how Trump is using the presidency to push crypto – all while building a sprawling crypto empire. This is part one of a two-part interview. If you enjoy 7am, the best way you can support us is by making a contribution at 7ampodcast.com.au/support. Socials: Stay in touch with us on Instagram Guest: Tech and power reporter for The Guardian, Nick Robins-Early Photo: AP Photo/Mark Humphrey, FileSee omnystudio.com/listener for privacy information.